The combined operating expenses of four manufacturers in the fast-moving consumer goods industry rose to N116.1 billion last year from N108.2 billion in 2022, according to their latest financial statements.
The firms are Cadbury Nigeria Plc, BUA Foods Plc, Unilever Nigeria Plc and International B
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
